The effect of the sanctions in simultaneously driving down both the ruble and the Russian stock market has allowed the Russian government to sell dollars high and to buy up Russian industrial stocks low, effectively re-nationalizing Russian industry at bargain-basement prices, shifting the share of its government ownership from around 16% to at least 65% while squeezing out Western financial interests. The profits that would have otherwise been pocketed by Western investors are now flooding into the Russian treasury, to be spent on health, education, housing, roads and bridges and so on. McCain, you socialist you!The effect of "crushing" an exchange rate is well-known. I've always been puzzled by the assumption that a Strong Dollar or a Strong Ruble is good for a country. Truth is precisely the opposite. If you want a country that FUNCTIONS and MAKES THINGS, you want a WEAK exchange rate. Putin understands the TRUTH and uses the TRUTH to help his own country, which is the PRECISE JOB of a national leader. Why do Sorosian leaders think they're punishing a country by pushing the exchange down? Maybe I should just be glad they're stupid. The second fact is more important and SURPRISING, which makes it REAL NEWS. It hasn't been mentioned even by RT or SputnikNews. Putin similarly took advantage of a "crushed" stock market to resovietize major industries. This is a GOOD thing. As I've noted before, the modern Goldman system of debts and bets EXTERMINATES THE PEOPLE to raise share value. When the government controls investment, it's possible to shape the economy and use profits for the benefit of WORKERS and ORDINARY PEOPLE. The USSR proved it, Russia is still proving it, and many non-Soviet countries like Malaysia are proving it. = = = = = Semi-relevant sidenote: Putin is ALL ABOUT self-sufficiency and breaking Graybill's Law at all levels. This YT channel has a selection of Russian news clips with good captioning. Like all other leaders, Putin is often seen in public dealing with ordinary people and students. Putin's response is UNLIKE all other leaders. When youngsters ask him questions, he always turns the question back in a way that reinforces the student's own skills and confidence. Even when the question is an invitation to boast of Putin's own achievements, Putin focuses on the student's achievements. His constant message to the nation and to the people is "You can do it. In fact you're already doing it whether you realize it or not. You don't need my help, and you don't need help from Western countries or corporations."
Labels: skill-estate, things worth doing, Гром победы
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